Day: 13 February 2025

Crypto trading volumes on centralized exchanges soared to $18.83 trillion in 2024, marking a 134.0% increase from 2023’s $8.05 trillion, according to a new CoinGecko report. Binance maintained its dominance, processing $7.35 trillion in transactions and securing a 39.0% market share. Bybit followed with $1.75 trillion (9.3%), while Crypto.com accounted ...

Crypto.com has officially expanded its services across the European Economic Area (EEA) after securing a license under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. In a February 12 announcement on X, the crypto exchange confirmed that it “can provide crypto asset services cross-border to all EEA Member States.” ...

Abu Dhabi-based cryptocurrency mining firm Phoenix Group has reported a significant surge in revenue for 2024, with Bitcoin mining earnings reaching $107 million—a 236% increase from the previous year. The company, which earned $32 million in 2023 and just $5.4 million in 2022, has seen an impressive 1,852% growth in ...

Bitpanda has secured regulatory approval from the UK’s Financial Conduct Authority (FCA), allowing it to expand its services in the country. In a February 12 blog post, the Austrian cryptocurrency exchange confirmed that it is now authorized to offer over 500 cryptocurrencies to UK investors. The also approval enables it ...

Is the next major breakthrough in cryptocurrency happening now? The cryptocurrency market continues to grow, with projects bringing new utility and investment potential. Web3Bay is capturing attention for its decentralized e-commerce model, enabling secure and cost-effective transactions without middlemen. Meanwhile, Ethereum (ETH) remains the foundation for decentralized applications, and Dogecoin ...

Almost a third of central banks worldwide have postponed their central bank digital currency (CBDC) initiatives due to regulatory uncertainties and shifting economic priorities. A February 11 report by the Official Monetary and Financial Institutions Forum (OMFIF) and security tech firm Giesecke+Devrient Currency Technology surveyed 34 central banks. While those ...

Hester Peirce, a Commissioner at the United States Securities and Exchange Commission (SEC), has suggested that many memecoins may not fall under the agency's oversight due to the current regulatory framework. In an interview with Bloomberg, Peirce explained that determining whether a memecoin falls under the regulator's jurisdiction depends on ...

Cryptocurrency has evolved far beyond just digital money. Projects like SEI and Arweave are transforming industries with their cutting-edge technology, solving real-world problems, and proving that blockchain is more than just hype. SEI is reshaping decentralized finance (DeFi) by offering unmatched transaction speed and efficiency, making it a prime choice ...